News Column

Kyodo news summary -2-

July 9, 2014


Japan's key bond yield rises to 0.545%

TOKYO - The yield on the bellwether 10-year Japanese government bond ended Thursday morning slightly higher on selling amid a sense of caution over higher prices triggered by drops in long-term interest rates the previous day.

The yield on the No. 334, 0.6 percent issue, the main yardstick of long-term interest rates, ended morning interdealer trading at 0.545 percent, up 0.005 percentage point from Wednesday's close.


Tokyo stocks fall on Japan's weak economic data

TOKYO - Tokyo stocks fell Thursday morning as investor sentiment was hurt by Japan's weaker-than-expected machinery orders data released just before the opening bell.

The 225-issue Nikkei Stock Average shed 36.89 points, or 0.24 percent, from Wednesday to 15,265.76. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 6.37 points, or 0.50 percent, to 1,264.45.


China's exports up 7.2% in June

BEIJING - China's exports in June rose 7.2 percent year on year to $186.8 billion, marking the third consecutive month of increase, according to customs data released Thursday.

Imports, which fell 1.6 percent in May, went up 5.5 percent to $155.2 billion, the General Administration of Customs figures showed, leaving China with a surplus of $31.6 billion.


Justsystems suspected of using leaked Benesse customer data

TOKYO - Japanese software developer Justsystems Corp. has appropriated personal information leaked from a group company of Benesse Holdings Inc., a source close to the correspondence education company said Thursday.

Benesse said the previous day it has so far confirmed the leakage of about 7.6 million customers' information, and the number may rise up to 20.7 million customers.


Energy costs push Japan's wholesale prices up 4.6% in June

TOKYO - Japan's wholesale prices rose 4.6 percent in June from a year earlier for the 15th straight month of increase, largely affected by rising energy costs, the Bank of Japan said Thursday.

The index of corporate goods prices came to 106.3 against the 2010 base of 100, the central bank said in a preliminary report.


Japan's May machinery orders post record plunge of 19.5%

TOKYO - Japan's core private-sector machinery orders plunged by a record 19.5 percent in May, the government said Thursday, signaling the first consumption tax hike in 17 years on April 1 has blurred the economic outlook, discouraging companies from beefing up investment.

The orders, excluding those for ships as well as from utilities because of their volatility, fell following a seasonally adjusted 9.1 percent drop in April, after soaring 19.1 percent in March, the fastest growth since comparable data became available in April 2005, the Cabinet Office said.

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Source: Japan Economic Newswire

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